Virginia Receives Money For High-Speed Rail Project

Virginia will receive more than $74 million for a future high-speed rail project from the Department of Transportation, according to The Associated Press. The project is part of the Southeast High-Speed Rail Corridor between Charlotte, N.C. and Washington, D.C. The rail’s speed will top out at about 110 m.p.h. “The Washington, D.C. area transportation system has been plagued with delays as population in the area has increased and more commodities flow through the region,” Federal Railroad Administrator Joseph C. Szabo said in a press release. “Reducing congestion and adding capacity are two key outcomes we and our state partners in Virginia planned for in making this investment.”

Read the full article here: http://www.washingtonpost.com/local/dot-awards-virginia-748m-for-high-speed-rail-project-part-of-southeast-corrido/2012/09/19/2f1245f4-027b-11e2-9132-f2750cd65f97_story.html